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Travis Kling
@Travis_Kling
Host - @thingshiddenio. Founder - @ikigai_fund. God exists.
Austin, TX
Joined September 2017
Posts
  • Pinned
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    Episode 25 of Things Hidden is live! In this episode, we review a discussion with well-known panpsychist philosopher Philip Goff. Goff was an ardent atheist for decades, and recently converted to Christianity...sort of. This is a deep episode. One of the deepest we've done.🙏
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    Unfortunately, I have some pretty bad news to share. Last week Ikigai was caught up in the FTX collapse. We had a large majority of the hedge fund’s total assets on FTX. By the time we went to withdraw Monday mrng, we got very little out. We’re now stuck alongside everyone else.
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    #Bitcoin is worth a trillion bucks & its never spent a dollar on marketing. Never had a CEO or a board meeting. Never had a budget. Never lobbied. Never done a partnership. Never hired a lawyer or an auditor. Never existed in physical form. We’ve never had anything like it
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    Replying to @Travis_Kling
    Finally, please be kind to one another, here and in your daily lives. There's way too many bad people out there for the good people to act shitty too. Have empathy for your fellow humans.
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    Replying to @Travis_Kling
    If crypto is to recover and continue on its journey to make the world a better place, I believe the entire concept of trust has to be completely rearchitected. Bitcoin is trustless. Then we built all these trusted things around it, and those things have failed catastrophically.
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    Replying to @Travis_Kling
    I’m at a loss for words at the depth & breadth of the pieces of shit that permeate crypto. So many fucking sociopaths were granted the opportunity to do so much damage. It’s hard for me to imagine the space bouncing back quickly from this ordeal. Too many got burned too hard.
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    🚨🚨Today I'm publishing my thesis on what I think could be the defining feature of the next 12-24 months in crypto. Settle in, this is a long one. The thesis is called: "A Lack of Pretense That Any of This Shit Does Anything or Will Ever Do Anything" Not financial advice.
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    Replying to @Travis_Kling
    It was entirely my fault and not anyone else’s. I lost my investors’ money after they put faith in me to manage risk and I am truly sorry for that. I have publicly endorsed FTX many times and I am truly sorry for that. I was wrong.
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    Replying to @Travis_Kling
    It’s obvious now that the space has not done enough to identify and expel bad actors. We’re letting way too many sociopaths get way too powerful and then we all pay the price. If Ikigai continues on, we pledge to fight harder in this regard. It’s a fight worth fighting.
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    Today marks the one year anniversary of the worst day of my career and one of the worst days of my life - the day FTX froze withdrawals.
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    🚨🚨 Today I'm publishing part 2 of my thesis. Get comfy. This is prob a 15 minute read. It's called- Financial Nihilism: The Zeitgeist of Young America
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    Impossible to overstate the significance of this event. Every. Single. Thing. In your life is different because of this.
    54 years ago today, President Nixon suspended the convertibility of the US dollar into gold.
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    Watcher.Guru
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    Quantitative Easing is universal basic income for rich people.